EOS CAR LA 2011 - Climate Action Reserve

Transcription

NEW FRONTIERS IN CLIMATE ACTION
Verified Emission Reductions via Destruction of
Ozone Depleting Substances
Climate Action
Reserve Workshop
June 2011
Proprietary & Confidential © 2010 EOS Climate.
All rights reserved.
Ozone depleting substances are also potent
global warming gases
Equal mass amounts
CFC-11 = 1
(ODPs)
CO2 = 1
(GWPs)
Proprietary & Confidential © 2010 EOS Climate. All rights reserved.
1
GWP-weighted emissions (GtCO 2 -eq yr -1 )
Climate Benefit of Montreal Protocol
40
All ODSs
(GWP-weighted emissions)
30
CO2
Ozone
& HFC
offsets
20
World Avoided
(2-3%/yr growth)
3.9
10
The Montreal
Protocol will have
reduced net GWPweighted emissions
from ODSs in 2010
by about
11 Gt CO2-eq yr-1, or
5-6 times the
reduction target of
the first commitment
period (2008-2012)
of the Kyoto
Protocol.
11
2.0
0
1960 1970 1980 1990 2000 2010 2020
Year
Magnitude of Kyoto
Protocol reduction target
st
(1All rights
commitment
reserved.
G. Velders et al., PNAS, 2007
period)
2
Remaining ODS “banks” = Significant Climate Threat
! 
Montreal Protocol stops at production of CFCs
and other ODS
! 
Kyoto Protocol does not include ODS
! 
ODS produced prior to their phaseout
deadlines remain in legal use
! 
In US and many other countries, no controls
over emissions at end of life
3
GLOBAL BANKS AND PROJECTED EMISSIONS OF ODS AND HFCs
4
IPCC/TEAP 2005-2010
! 
If over the next two decades the emissions of all ODS
in banks were prevented, the direct, positive radiative
forcing would be equal to approximately 3-4% of the
total radiative forcing from all anthropogenic GHG
emissions over the same period.
! 
Without immediate action, reachable banks will emit
approximately 6 billion tons of CO2 equivalent by 2015
--- offsetting and surpassing the 5 Gt CO2 eq reduction
sought during the first commitment period of the Kyoto
Protocol.
5
EOS Climate Founded EOS ODS ISO 14064 Protocol validated Proprietary & Confidential © 2010 EOS Climate. All rights reserved.
2010 Climate CAR Action approves Reserve ODS Work Group protocols California US climate AB32: ODS legislation oﬀsets ODS=GHG eligible Montreal TEAP: $60 to Protocol $180 billion pilot projects needed for ODS ‘banks’ 2009 CCX accepts ODS as oﬀset 2008 IPCC: ODS and HFCs impact on Climate Change 2007 Montreal Protocol 2005 1987 Recognition of ODS as Greenhouse Gas (GHG)
6
7
Two ODS Destruction Protocols Approved by CAR
1. 
CFC refrigerants and foam blowing agents originating
in US**
2. 
CFC refrigerants originating in Article 5 countries
• 
Both protocols require destruction in US
** ARB adopted domestic protocol for AB 32 offsets
8
Eligibility for Domestic Projects
1. Location
ODS must be sourced and destroyed in
U.S. or its territories
2. Project Start Date
Destruction within 6 months of project
submission
3. Additionality
Legal test: Montreal Protocol and U.S.
law limit production and intentional
release of ODS, but no requirements for
destruction
Performance standard: Destruction rare
4. Regulatory Compliance
99.99% destruction efficiency
RCRA/Clean Air Act permits
9
9
ODS Project Definition
• 
All ODS destroyed within a twelve month period at a
single destruction facility
• 
CFC-11, CFC-12 refrigerant or foam
• 
CFC-114, CFC-115 refrigerant
• 
HCFC-141b foam blowing agent
• 
Excludes halons
10
Quantifying reductions
Emission reductions =
[Baseline emissions – Project emissions]
•  Baseline emissions account for:
• 
Project emissions include
• 
10-year crediting period
11
Project Operations & Monitoring
• 
ODS Origin and Chain of Custody
!   Equipment/location
!   Container IDs, weight
!   Technician IDs
!   Custody/Ownership
• 
Transport and transfer of ODS
!   Mode of transport, vehicle miles, etc.
• 
Preparation for destruction
!   Mixing
!   Purification
!   Mass/composition
• 
Destruction unit operating parameters
!   Feed rate, temperature/pressure, continuous emissions, energy inputs
!   99.99% destruction efficiency
• 
Instrument calibrations
12
EOS System: Scalable to meet market demand
DESTRUCTION Clean Harbors Environmental Service RESIDENTIAL APPLIANCES JACO Environmental Methodology/
Standards COMMERCIAL RECOVERY & RECLAMATION Hudson Technologies Inc STRATEGIC FINANCE Cargill EOS Climate integrates
scientific & operational
expertise with best in
class business partners
and cutting edge
technologies to create
the world’s first GHG
emission reduction
system Proprietary & Confidential © 2010 EOS Climate. All rights reserved.
13
Carbon Credits from CFCs in Residential Refrigerators
CLIMATE CHANGE
HALOCARBONs
OZONE DEPLETION
Old
refrigerators
turned in as
part of energy
efficiency
programs
Appliance
demanufacture
refrigerant and
blowing agent
extracted and
aggregated
Refrigerant purified &
further aggregated
USE & BANKS
Credits sold as compliance
or voluntary reductions
PRODUCTION
Destruction
3rd party
verification
of each step
in project
14
Refrigerant Recovery
JACO Environmental
15
16
17
Fridge hulls & Foam
18
Purification and Aggregation
19
Analysis: AHRI Certified Lab
20
Destruction
21
Weighing the tankers
Signing in at the gate
22
Tanks are weighed before and after
23
Verification
Reviewed operations, information management
systems, monitoring plans at each point
Conformance to
AHRI 700
Destruction
operating
parameters
Source + traceability of ODS at collection, aggregation, destruction
Compliance with RCRA and Clean Air Act
Calibration of scales and other equipment
24
Results Delivered
• 
1st U.S. domestic ODS destruction CRTs delivered
• 
Between March 2010 and June 2011, over 1,200,000
MTCO2eq destroyed and verified
!   <0.00001 variance from 3rd party analysis
• 
Sold to North American pre-compliance and voluntary
buyers seeking permanent GHG reductions
• 
Validates system for future projects in US and abroad for
residential refrigerators, chillers, commercial and
industrial refrigeration, motor vehicle A/C, insulation
foam
25
NEW FRONTIERS IN CLIMATE ACTION
Thank You.
All rights reserved.

EOS CAR LA 2011 - Climate Action Reserve

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